1). You should have a title called “Monthly Expenses”. This line should be merged in row 1. It should also be centered.
2). You should have line 2 that tells your gross income and net income . This line is also merged. It should say “Gross Income” with the amount and "Net Income" (income minus the 25% for taxes) with the amount.
3). You should have line 3 that has your net monthly income (net income divided by 12). This line should be merged also. It should say "Net Monthly Income" and give the amount.
4). You should have a list of what your expenses are for the month. One column will be the list of your expenses and another list will be the amount you are spending. You must have a heading for the column. Skip a row before you add the headings. You need to check the "Bills To Pay" section for what bills you need to pay and what are some optional bills. You need to list everything you buy for the month!
5). You need to have one cell that has the total spending for the month. This amount cannot exceed your net monthly income. It should be off to the side. Create a formula that will tally the amount for you or add it on your own. *Going over budget will result in a loss of 20 points!*
**Take into account any miscellaneous spending:
- movies
- ordering out for food
- going out for dinner
- buying clothes, games, shoes, etc.
Monthly Expenses in Excel or Google Sheets
1). You should have a title called “Monthly Expenses”. This line should be merged in row 1. It should also be centered.
2). You should have line 2 that tells your gross income and net income . This line is also merged. It should say “Gross Income” with the amount and "Net Income" (income minus the 25% for taxes) with the amount.
3). You should have line 3 that has your net monthly income (net income divided by 12). This line should be merged also. It should say "Net Monthly Income" and give the amount.
4). You should have a list of what your expenses are for the month. One column will be the list of your expenses and another list will be the amount you are spending. You must have a heading for the column. Skip a row before you add the headings. You need to check the "Bills To Pay" section for what bills you need to pay and what are some optional bills. You need to list everything you buy for the month!
5). You need to have one cell that has the total spending for the month. This amount cannot exceed your net monthly income. It should be off to the side. Create a formula that will tally the amount for you or add it on your own. *Going over budget will result in a loss of 20 points!*
**Take into account any miscellaneous spending:
- movies
- ordering out for food
- going out for dinner
- buying clothes, games, shoes, etc.